ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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of trade between the two countries above the levels now agreed to. ft is thus evident that the target of trade expansion set by this week's trade agreement is a very flexible one. In his report to the 25th Congress of the CPSU in Moscow in March, Soviet Prime Minister Alexei Kosygin had stressed that a highlight of the Soviet Union's tenth five-year plan covering the period 1976-80 would be greater reliance on international trade and economic co-operation. Consistent with this, the Soviet Union has indicated its readiness to increase imports from India of items which will enable it to benefit from Indian raw materials and cheap labour. Thus, for instance, one of the important projects under discussion as part of the so-called production co-operation arrangements is a giant alumina plant based on Indian reserves of bauxite.

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